Northern Ohio Tma
- Assets
- $130.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 11/2001
- Data as of
- 12/2020
- EIN
- 34-1776043
Organization Overview
Northern Ohio Tma is located in Cleveland, OH. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Ohio Tma is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Northern Ohio Tma generated $67.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $60.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
ALL FUNDS ARE DEDICATED TO EDUCATE, ENCOURAGE, FOSTER AND PROMOTE THE INTERESTS OF THOSE HAVING A COMMON INTEREST IN THE COMMERCE, BUSINESS, TRADE OR PROFESSION OF TURNAROUND MANAGEMENT BY PROVIDING EDUCATIONAL FORUMS AND A LARGE VARIETY OF OPPORTUNITIES FOR NETWORKING AND THE EXCHANGE OF IDEAS.
ALL FUNDS ARE DEDICATED TO EDUCATE, ENCOURAGE, FOSTER AND PROMOTE THE INTERESTS OF THOSE HAVING A COMMON INTEREST IN THE COMMERCE, BUSINESS, TRADE OR PROFESSION OF TURNAROUND MANAGEMENT BY PROVIDING EDUCATIONAL FORUMS AND A LARGE VARIETY OF OPPORTUNITIES FOR NETWORKING AND THE EXCHANGE OF IDEAS.
ALL FUNDS ARE DEDICATED TO EDUCATE, ENCOURAGE, FOSTER AND PROMOTE THE INTERESTS OF THOSE HAVING A COMMON INTEREST IN THE COMMERCE, BUSINESS, TRADE OR PROFESSION OF TURNAROUND MANAGEMENT BY PROVIDING EDUCATIONAL FORUMS AND A LARGE VARIETY OF OPPORTUNITIES FOR NETWORKING AND THE EXCHANGE OF IDEAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Demarco President | 0 | $0 | |
Gus Kallergis Vice Preside | 0 | $0 | |
Michael Kaczka Secretary | 0 | $0 | |
Glenn Bartley Director | 0 | $0 | |
Robert Folland Director | 0 | $0 | |
Sarah Mcintosh Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,500 |
| Total Program Service Revenue | $3,227 |
| Membership dues | $11,797 |
| Investment income | $118 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,642 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,289 |
| Other expenses | $55,318 |
| Total expenses | $60,307 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,376 |
| Other assets | $0 |
| Total assets | $130,359 |
| Total liabilities | $8,653 |
| Net assets or fund balances | $121,706 |
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